An improved quarter IMO but still reducing cash balance through acitities with the cost of generating revenue still relatively high.
The performance of the digital platform could start to move towards development of a tangible asset. Getting funding through a securitisation programme should be a key goal to reduce costs and could start to help sharpen margins.
It’s all organic stuff so probably not much movement in the SP in the short term IMO. If costs can be reduced further with an improved funding access option it could start to drive SP upwards.
YBR Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
